The Brokaw Act, named for a town that, essentially, collapsed after a former USW-represented Wausau Paper mill closed in Brokaw, WI. The bill has been re-introduced this year as a bi-partisan effort sponsored by Tammy Baldwin (D-WI) and co-sponsored by David Perdue (R-GA). If enacted, the legislation could significantly restrict the ability of hedge fund activists to take minority stakes in companies and force them to make major changes.